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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 29, 1910)
THE MORNING OREGOX1AN. FRIDAY, JULY 21), 1910. 17 L0N00NHDP0RDERS Foreign Buyers Again Appear in Oregon Market. CROP CONDITIONS ABROAD English Yield Xow Estimated at 300,000 Cwt Weather Condi tions In Tliat Country Have Been Unfavorable. London orders for hops are In the local market for the first time in nearly two month. This fact Is taken as a further confirmation of the unfavorable crop reports that have been coming from England lately. The average estimate of the English crop la now down close to 300.000 hundredweight and some foreign dealers place It much lower. The following London cable was re ceived by a Salem dealer yesterday: "Weather better, but vermin Increasing. Estimate crop at 300.000 hundredweight. Market firmer." Thomas Lsborne writes to The Oregonlan from London, under date of July 13 as follows: ' Yesterday I had a long drive through the best hop yards in East Kent. I did not find them so good as I expected. The late cold, wet weather has affected them. The hme in many yards Is very thin and there Is a considerable amount of lice In all yards. At present, with good weather. It looks like a moderate crop. If the weather should turn bad again 1t will be a small crop of poor hops." Since the date of Mr. Usborne's letter the weather in England has been showery- and unsettled almost every day until yesterday. v' business was reported in the local market yesterday, but there were Eastern orders on hand. A .New York wire said 25 cents was offered for 1909 states, with no takers. The Watervllle, N. T.. Times of July 22 reports the sale of several lot, of states, not choice In quality, at 10 and 20 cents. nd adds: We have had a few light showers which have benefited the hop crop to a. certain ex tent, but more is needed. several of our dealers, who have been keeping track of hop sales In the state, got together this week and have estimated that there are now not to exceed 1500 bales remaining unsold In this state. This is an almost unheard-of oondltlon. as there has scarcely ever been a year when there has not been twice that number of bale, on hand a?, this time of the year. A lette. from w. H. Bensted. written from England, under date of July 9, con tains the following: "The weather is still cool and wet and the hop vino continue to grow. I ,aw some large yards between Sal ling and canterbury yesterday, and there Is such a growth of leaves that they are a regular mat. They haven't had so large a growth In years. Lice are very thick In mass' of th.mde7"',e ' ,hB leaves be'" mass or them. 1 never saw so many before wo7ky,c,urtt,na-bln." d"ne' nd Wm" E To let "n a7r.- "me ,hB le"v " " CONDITIO OF THE APPLE CROP. Government Report Place. it Bt 49, A(rHin!lt 54 Year Ago. ? RetortT- Published by the Inlted state. Department of Agriculture lves in detail the July condition of tho olth the condition a year ago and also the average July condition during the past ten ears, as follows:. July 1 10-yr. luiti. ins. av. Per Per Per Maine . cent- cent. cent. Now Hainish'lre' 1! " H 5'J Vermont mi Massachusetts ...I 7- i- Hhode Inland kit i,, t'onnectl.-ut . ......I. 2V New York i New Jersey " ..- ' Pennsylvania ss ri Sf! l.'laware C,, -': '"; Maryland J" 5 Virginia 7 40 -' West Virginia rs V! ' North Carolina 7 ' , w,arro.".n ?j . ? jn,,1""n .-.5 :-Ts ."5 Illinois u V- Mic-hiKan " 4? Wisconsin . ,j ' Minnesota rt s- I lo I 0 ' MiMoun .:, ; south Dakota v4 A fb"-ka ::: u 4 SO -( Konturky 4-1 V -!i T'iin?Hsee Cll -,3 AiahuniH M Mississippi 45 -0 J." T.ouLsluua r0 v t-7 Tcxhjs 70 45 7'. Oklahoma . n ,n "I Arkansa , 47 7 Montana ,;o K5 ; Colorado . c 7,, Now Mexico V,?, -X lK I tan Idaho AVatthlngton . Oroentt .1 R. 77 0 SO l2 i7 K.-l BO SO California l'nlted States ' SO si 4tf 61 WHEAT MARKKT NOT SO frHnRPB Are on a lareer Scale and Flnit rrtcra Are Not Kcneute!. Thera was not a much firmness in the country wheat market yesterday as on the two preceding days. Several lota of various sis of new crop bluestera were offered to buyers at Walla Walla at 90 cents, but there were no takers at the price. Dealers at tidewater bid 0;; cents track coast on large lots of new bluestem. it is not likely that the sensational opening prices will be repeated. The coarse grains were firm and un changed. Local receipts, in cars, were reported by the, Merchants Exchange as follows: Wheat Barley Klour Oats Hav Monday 11 .. 10 2 17 Tuesday 19 2 s 1 4 Wednesday ....It l T h ursd ay 3 7 1 3 '4 H Year as;o 1 4 4 1 1 1 Season to date. Tl o 4s 144 Year ago .-.7 47 lo 41 $4 rRirr MARKKT HEAVILY STOCKED l.arff Supply of Poor Grade Tends to Weaken Price. There was a good demand yesterday for fruit and veRetablea of good quality, but the street was overloaded with poor stock and this had a depressing effect on prices of all grades. The best cantaloupes sold at per crate. I ut inferior lots went as low as $1. Watermelons ranged from 60 cents to 91' per hundred pounds. The beat Etberta peaches were quoted firm without change In price. A great many small Hales are still coming from The Dalies and Ashland, but the ttma for this variety la about ended. Tomatoc. were lower at cs73c for two tier boxes and 0$l for lugs. Cucumbers were, very plentiful and offered at SO0 cents a box. Green corn dragged at 25 cents a dosen. Weakness Prevails In Poultry. A weak tone til prevails in the poultry market, as receipts are on a liberal scale and buyer are disposed to offer lower prices. It Is with difficulty that stocks are cleaned up each night. Hens and Springs were quoted at 1Gri4 cents yesterday and but few sales were made over these prices. The egg market has shown no new de velopments recent L Tha damand, i Qt brisk, but supplies of local ranch are so small that prices are firmly maintained. The butter market shows a good deal of strength In view of the short make. Wool growers Refuse 15 Cents. VALE. Or., . July 2S. (Special.) Five wool buyers came into Vale to bid on the wool clips here. They offered 15 cents., but no wool was sold. The wool growers have decided to ship their wool. Those having stock in the co-operative warehouse at Chi cago will ship theqe and others will con sign to commission-houses. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland fl.'JJS.77 $195.6i2 Seattle l,(;.4r.l 2l!l.:JS Tacome sr4,:J77 ST.la Spokane 514.1 43,014 PORTLAD MARKETS. Grain. Flour, Feed. Etc. WHEAT Bluestem. club, 90c; red Russian, 8Sc; Valley. oc. FLOUR Patents. $o.Z5 per barrel; straights, $4.304.95; txport, $4; Valley. $5.40; graham. $3; whole wheat, quarters, 5.20. BARLEY Feed and brewing, Jl.OO per ton. HAT Track prices: Timothy. Willamette Valley, IB 19c per ton: Eastern Oregon, aifalia. new. $1314. CORN Whole. :(2; cracked. $33 per ten. MILLSTUFFS Bran. S-'O per ton; mid dlings. 30; short, tZZ-t rolled barley, $25 '526. OATS Xo. 1 white, J20tg30 per ton. Dairy and Country Produce. BUTTER City creamery, extras, 33c; fancy outside creamery, 3l33c per pound, store, a:ic; butter fat. :.3c EGOS Oregon candled, 26427Hc per dozen. CHEESE Full cream, twins, 17c per pound; Young America. 18 c. POULTRY Hens, lCSHJUc; Springs. 16 ? 17c: ducks, loc: geese, lbHc; turkevs. live, iS'pauc; dressed, 22&25c; squabs, $3 per dozen. POKK Fancy. 12V.13o per pound. VEAL Fancy, 1212c per pound. Vegetables and Fruits. GREEX FRUITS Apples, new, 50cg$l.oO per box; apricots. 50c jj $1.25 per box; plums, oOc U $ 1 .25 per box ; pears, $2. 25 per box ; peaches, 40c $1.25 per box; grapes, $1.50 a. 50. BERFUES Blackberries, $1.50 per box. MELONS Watermelons, GOc $1.00 per hundred; cantaloupes, $1?j.2.50 per crate. 1KOPICAL FRUITS Oranges. $44.50; lemons. $78; grapefruit, $3.253.50 per box ; bananas, 5 c per pound ; pineapples, 6c per pound. VEGEfABLKS Artichokes. 600 73c per dozen; beans, 3&5c per pound: cabbage, 24 2V4c per pound; cauliflower, $1.50 per doz; celery, 9ic per dozen ; corn. 25c per dozen; cucumbers. JJOc per box; egg plant. 12e per pound; hothouse lettuce. 50c$l per box; garlic, S&lOc per pound; horserad ish, 12VjC per pound; green onions, 15c per dozen; peas. 5c; peppers, 50c per box; radishes, 15 G' 2uc per dozen; rhubarb. 2c per pound; squash. 50c per crate; tomatoes, 45c$t$1 per box. SACK VEGETABLES Carrots, $191.25; beets, $1.50; parsnips, $l1.25; turnips. $L POTATOES New. l'Lc per pound; sw-eet potatoes, Hh(ftc per pound. ONIONS Walla Walla. $2.50 per sack. Groceries. Dried Fruits, Etc. . DRIED FRUIT Apples, 10c per pound; peaches, 7c ; prunes, Italians, 4 5c; prunes, French. 4 5c; currants. 10c; apricots, 15c; dates, 7c per pound; figs, fancy white, 60; fancy black, 7c- choice black, ec. SALMON Columbia River, 1-pound talis, $2 per dozen; 2-pound tails, $2.95; 1-pound flats, $2.10; Alaska pink, 1-pound tails, 900; red, 1-pound tails, $1.45: sock eye. 1-pound tails. $2. COFFEE! Mocha, 24 28c; Java, ordinary, 17 20c; Costa Rica, fancy. 182Cc; good, 16&18C; ordinary, 12 16c per pound. NUTS Walnuts, 15c per pound; Brazil nuts. 13fepl5c; filberts, 10c; almonds. 17o; pecans, lic; cocoanuts, 90c$l per dozen. SALT Granulated, 915 per ton; half ground, iOoa, $10.50 per ton; 50s, $11 per ton. BEANS Small white, 6c; large white, i.c; Lima. 5c: pink. 7c, red Mexicans, ffcc; bayou. 7.4,e. RICE No. 1 Japan, 4c; cheaper grades, $3.504.55c; Southern head, 5 7c HONEY Choice, $3.254f3.50 per case; trained. 7c per pound. SUGAR Dry granulated, fruit and berry, $6.23; beet. $0.05; extra C, $5.75; golden C. $5.65f yellow D, $5.45; " fcubea (.barrels). $5.05; powdered, $0.60; Domino, $10.40 $16.00 per case. Terms on remittances with in 15 days deduct -ic per pound, if later than 15 and within 30 days, deduct fee per pound. Maple sugar, lGlSc per pound. Provisions. HAMS 10 to 12 pounds, 22c; 12- to 14 Pounds, 21fec; 14 . to lti pounds, 2lc; 18 to 2o pounds, none; skinned, 2c; picnics, i5o; cottage roll, lttiC. BACON Fancy, 30c; standard, 2 fee; choice, 2Sfec; English. 2ofe4f25fec SMOKEO MEATS Beef tongues, 73c; dried beef sets, 22c; outsides. 20c; lnsidea. 23c; knuckles, 22c. DRY SALT CURED Regular short clears, dry salt, 16 fee; smoked, lbc; backs, light, salt, lGfec; smoked, ISc; backs, heavy, salt, lttc; smoked, 17 Vic; export bellies, aalt, 17c; smoked, Ihfec PICKLED GOODS Barrels, pigs feet, $16 ; regular tripe, $10; honeycomb tripe! $12; lunch tongues, S2J.; lambs' tongues. $40. LARD Tens: Kettle rendered, 163b,c; standard pure, 15fec; choice, 144c; shorten ing, llfec oiis. LINSEED OIL Pure raw In barrels, $1.01; kettle boiled, In barrels. $1.03; raw. in cases, $1.06; kettle boiled, in cases. $1.08. Lots of iioO gallons, 1 cent, lvss per gallon. ' TURPENTINE in caaea, i2c; in wood barrels, 70 fee COAL OIL, Water white in drums. Iron white in drums or iron barrels. 14c; union kerosene in cases, J. -6s, zsc, oleum kero sene in cases 2 -5s. 2ic; Aurora kerosene in cases, 2-as, 21c GASOLINE Union gasoline in bulk. 1 Re union gasoline in cases. 2-as. 25c; union motor spirit in buik, 18c; union motor spirit In cases, 2-5s. 25c; .No. l engine dis tillate in iron drums, Sfec; No. 1 engine distillate in cases 2 -5 s, 15 fee; V.. M. A P, naphtha In iron drums or barrels, 16c V-, M. & P. naphtha in cases, 2-6s, 22c. ' BENZINE Union benzine in iron drums or arrcis, loc; union benzine in cases. 2-&S. 22c; union stove diuilate la iron drums. To. Hops, Wool, Hides, Etc. HOPS liHty crop. Si2c; at cording to quality; olds, nominal; lUlo contracts. 13(a) 13 c. WOOL Eastern Oregon, 13 Q 17c pound; Valley, ISfeftfISc per pound. MOHAIR Choice, 3U ip 3oc per pound. CASCARA BARK 4 fee per pound. HIDES Salted hides, 7 7 fee per pound; called calf, 13c; salted kip, Sc; salted stags, ttc; green hides, lc less; dry hides, Ittfe & 17c; dry calf, 171Sc; dry stags, llrc PELTS Dry, lOfec; salted. butchers tako-otf, $1.151.40; Spring lambs. 2545o. GRAIN BAGS In carlots, 5c each. Furs. FURS Prices paid for prime No. l skins: Mink. Northwest Canada and Alaska, $S 10; Colorado. Wyoming, Montana. Idaho and California, $5tf 7.0U; British Columbia and Alaska Coast. $8iy.l0; Oregon. Washington, Idaho and Montana, $7. Lynx. Alaska and British Columbia, $35; Pacific Coast, $2S. Raccoon, $101.5O. Skunk, Canada, 2.5u; Pacihc Coast, $12. Wolf and coyote, Can ada. $56: Idaho, Montana. Wyoming, Ne vada, $1.50!h,3. Beaver, Oregon, Washing ton. Canada. Alaska. $5.50fcjf 7; Idaho, Mon tana, $10; Utaa. Wyoming, $6.507; cubs, $2j2.5U. Otter. Canada, Alaska, $12.50$14; Oregon. Washington, Alaska. Canada, Brit ish Columbia, $34.50; Pacific Coast, $1.73 Cf 2.50. Gray fox. Pacific Coast. $1.50 2. B-a.r, black and brown. Alaska, Canada. $16 0 20; cubs. $12 15; Pacific Coast, S109 13; cubs, $1215; Pacific Coast. $1015; cubs, $547; grlitzly, perfect, $25tf35. Badger. $2. Muskrat, Canada. Alaska, 80c; Pacific Coast, 30 It tiic Fisher, British Columbia, Alaska. $15 4? 20; Pacific Coast, $9rl5 Wolverine, $G S. Silver fox. $300 a 5u0. fox. 40c. Ermine, 60c Mountain lion. $5i$ Cross fox. $104$ 15. Sea otter, $20u&450. Blue fox. SSIO. White fox, $1220. Swift lo. Ringtail cat. "Jo 75c Civet cat. 10 80c House cat. 5 'c 25c Coffe and Sugar. NEW YORK, July 2. Coffee futures closed steady at a net gain of 5I0 points. Sales. 50,250 bags, representing the largest day for some time and including business in July. 1W11, at 7.20c. and about 4000 bags In the shape of switches. Closing bids: July and August. 6.70c; September, 6.S0c; October, .S5c; November, 6.00c; December 6.05c; January. 7.tHe; February. 7.07c; March, 7. 13c; April. 7.13c; May, 7.i"c: June! 7.19c. Spot coffee steady. Rio, No 7 SSc: Santos. No, 4. 9fe9Hc Mild coffee' steady ; Cordova. 10 10 c. Raw sugar, quiet. Muscovado. test. 3. Stic; centrifugal, .t test, 4 Title: molasses sugar. .Si test. 3,61c. Refined steady; crushed, 5-S5c; granulated, 5.15c; powdered 0.25C- Wool at St. IjOuU. sr. it. July Woo Steady; terri tory ana estprn meJiitms, 23c; fine n dlums, ltifclSc; fine, 12-ic TAKEN OFF MARKET Heavy Blocks of Securities Withdrawn From Sale. STOCK PRICES CLIMB Powerful Banking Syndicates Come to the Rescue Shorts Are Taken by Surprise and Forced to Bid Up to Get Stocks. XEW YORK. July 28. The further ma terial recuperation of stock market values today followed the disclosure in additional detail of the arrangements made by which heavy blocks of securities that had been hanging over the market had been taken over by powerful banking syndicates, thus saving the necessity of further sacrifice of values in the open market- Attention was focused on the operation dealing with tbe Pearson syndicate holdings taken up by Kuhn, Ioeb & Co., and foreign associates. The circumstantial and authentic reports on this transaction gave it a major interest, but there were conjectures of other similar settlements, especially one growing out of a project of railroad amalgamation. The ef fect of these developments on the specula tive tone of the market was electrical. The sudden adjustment of so dangerous a situation left a very large short interest uncovered In the market, which had counted on a continuance of a forced liquidation to depress Drlces tn a. still tnirr lovol Tho bear party had urgent buyers in- all depart ments of the market and their nepcssitipR made it easy for their opponents to bid prices up on xnem apparently. It was assumed that the settlements which had been effected would include the placing of substantial amounts of securities with foreign holders. The. currents of the money movement con tinue to move toward the strengthening of New York bank reserves, in spite of some offsetting movements. A shiDment of S5oO.- 00 in gold to Canada makes a total of $1,000,000 for that destination this week. hpecial interest was attached to the loan account of the coming bank statement, es pecially that of some of the trust companies and institutions outside the clearing-house. wnere tne important relief operations of the week may be looked to to have their effect. The Bank of England weekly report showed tne strong recuperative force of that money market still in full force, with correspond ing security for the New York money mar ket as a source of available relief for any need. The corn crop advices were more favor able today and the poor cotton reports were disregarded. The reports of restriction of copper production took a more concrete form. Those who authorized the reports were given by name and included the resi dent of the Amalgamated Copper Company. uonas were tirm. Total sales, par value, $2,384,000. L'nlted States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Closing Sales. Misrh. Iw. Hid Allis Chalmers pf. 2i0 2S 28 29 - Amai copper .... a.oo 64 tiO e;,ti Am Agricultural Am tieet Sugar .. 1,500 28 it. 27 'Si 1 -', American Can . . . SW) 7i 7w 7fc Am Car & Fuy 3.500 4 ." ;iw 44 4.S Am Cotton Oil .. 1,5H o. '- .V'4 Am Hd & Lt pf . o 2.VSt 25 ia Am ice toecuri . . 1,000 iy 18Ts 17 Am Linseed Oil ... 1,10 12U liL 11 tz Am Locomotive .. 1,800 361a 3ft 35, Am Smelt & Ref. 21,5t0 S 5j ti7Vj 00 preterrea yuo lol W lUO'V Am Steel Fdy : . . 8,000 42 40 42 Am Sugar Kef... aoo 11iii 119 lis Am Tel & Tel .. 3,700 131 'M 130 131 Am Tobacco pf i . . . 91 V Am Woolen '. 245 Anaconda Min Co. 3.0O0 .'i9V. 3T7i vt- Atchison 32.2UO JS 95-H. 97 -W tio preferred . 4n 071. Atl Coast Line ... l.iiUO HjO 1(7 lug Bait & Ohio 2,400 - Uf&U Jo8 lt4 ucinieueni oieei . . . 24 J.Z Hrook Rap Tran. 33.2H " 75- 7374 74. Canadian Pacific .. 14.HH) 187 lK--i 1ku Central leather . . 13,5K 31 20', do nreferred ... IOO lo.'. 1fNu. inn. Central of N J 2So " t hes & Ohio 2.000 72 71 U Chicago & Alton 27 Chicago Gt West. 2.0O0 214 20i 21 ao preterred . . . l.OOO 42 U 41 v. 4J Chicago & N W ... 700 11, 140 141 C, M 4k St Paul'.. 14,700 121? 120 121 H C, C, C & St L ... 200 70 70 75 Colo Fuel it Iron.. 2,200 27 27K Colo & Southern .. 2) 53 r24 52 Consolidated Gas. . 9.SO0 12i 127 12S Corn Products ... ituo 14 lliU, 13' Lel & Hudson .. 6ik LIB 1547 155 I & R Grande . . . l,7oo 28 201 27 do preferred ... 8i0 7 Btt1 67 Distillers Securi.. TtK0 28 27 27 Erie 6.4)00 23?i 22 23 do l?t prefened. !HH) 37 37V 37 do 2d preferred . fk'O 2Hi 2S v43t General Electric .. 2oo 141 141 Gt Northern pf ... 4in 124-74, 123 121, Gt Northern Ore .. l,Si0 54 52 U. 53 Illinois Central BftO LSt Ti' Interborough Met.. 7.400 17 Hi 16 do preferred t.lt-0 47X4 4.-;i. iki. Inter Harvester . . 3.2MO 88?i 88 K4I Inter-Marine pf .. 300 141 14- 14 i. Int Paper 7.600 1014 91 101 Int Pump 800 41 ", 30 3!) Iowa Central 600 iti i K C Southern ... l.BuO 27 264 2tiU, do preferred m' Ia c 1 ede G as 1 . 2 '0 AS 14 97 !7 V4 xjuisvuie K am a,iui i;- 1341 inn Minn & St Louis. W 25i 25 25 M. St P & S S M. 9tH 12U. iia T-.i Mo. Kan & Texas 4.4UO 324 32 H do preferred- HM 59 oH ' S9i MisTOuri Pacific .. 3,500 52Vi 49 511 National Biscuit .. 300 114ii lut lot National Lead 2,100 5o4 49 40fj4 Mex Nat Ry 2d pf WX) 254 254, 25 . v vuwi w ..... iv, wur 1 ltia H;i 110 m4 N Y. Ont & West. 2i0 42 4- a-?. Norfolk & West.. 3.20 954 4 9314 North American .. 4U0 6Bfc O. Pacitic Mall 50 24 23 23 Pennsylvania 13.600 127)4 1 2614 327 People's Gas .... 1.3K 106 104? K'5 P. C C & St L... TOO 91 91 91 U Pittsburg Coal .... 4i0 15 14 14U, Pressed Steel Car. 100 28 Vs i8Vs 28 W Pullman Pal Car. loO 158 158 136 Ry Steel Spring.. 20t 2l 29 9ti Reading 139.500 139 H 135 U 1377 Republic Steel .. 2.000 31 30 : d. preferred ... l.OOO 89 87 89 Rack leland Co.. 24.5X 2x 27i 24 do preferred ... 3,2l0 02V, . Gvxl ooa St L. A S F 2 pf 7(V js,l ;ts 3e St 1 3.3Ut h western 300 24 23 22 do preferred . . 20O 58 56 55 Slojs-Sheff ield .... 80 58 56'i 56 Southern Pacific .. 46 300 lJOvi logi Itoti Southern Railway. 3,600 22 21 x 22i-i do preferred ... .V0 50 tu 5J 50 14 Tenn Copper . 4.'0V 21 iZ Texas & Pacific. 1.2CO 2514 25 "41? Tol. St L ft West. 4fn. 21 21 Vi 20 do preefired 1.600 444 42 43ti Union Pacific ...13L9O0 16tt8 157 K97 do -preferred 3k 90 89il IT S Realty IOO 67 67 66 IT S Rubber l.TOO 34 4 32 314 U S Steel 245. 104 684 6a x? d preferred 3.600 115 115 11561 Utah Copper .... 6.40 44 43 43 u Va-Caro Chemical. 4.1 OO 58 57 i s Wabtmh 2 . 3 15 T 151, do preferred ... 3.900 33 32 V- 33 Western Md 400 424 41 4 West inghouse Elec 30O 56 55 T 5 il "Western Union . . . 9 61 59 60U "Wheel A L Erie.. SCO 44 41$ 4 Total sales for the day. 1,008,300 shares BONDS. NEW YORK, July 2S. Closing quotations: U. S. ref. 2s reg.lO0;N. Y. C. gn 3Hs S7H do coupon ...1O0 No. pacific 3s'. 60 IT. S. 3s reg 101!No. pacific 4s... 99U do coupon . . .lol VilUnlon Pacific 4S.100U L. S. new 4s reg.ll4lwis. Central 4s 91 do coupon 114- Japanese 4s .. S934R D. & R. G. 4S... 941 Vailr Treasury Statement. WASHINGTON. July 28. The condition of the Treasury at the beginning of business today was as follows: Trust funds Gold coin , fS7.S21 669 Silver dollars 4sy 044 OOO Silver dollars of 1S90 X63S O00 Silver certific&tea outstanding... 4S9.044 OOO General fund Standard sil-r dollars in gen eral fund 3 1 -- Current Kabilities 103027 583 Working balance In Treasury of fices ....................... 2S 431 891 In banks to credit of Treasurer of the United States so S5rt n Subsidiary silver coin. .......... 20293 25 Minor coin - I.l6sil71 Total balance In general fund... 9l!236.511 Money, Exchange, Etc. NEW YORK. July 28. Money on call em 1 c 2 cent: rulir.e rat 1 . ' closing bid. 1H per cent; offered at 1 pr per osnt and 90 days 2 HZ 4 per cent- ii months 5S 5 li per cent. Prime mercantile pa per cloet-d 5t$76 per cent. Sterling exchange easy, with actual busine.-s in bankers' bills at 4.834ifr4.8350 for tiu-day bills, and st $4.85.15 for demand. Commercial bills.. $4.82 44.83. Bar silver. 53Hc Mexican dollars, 44c. Government bond s stea d y ; rai 1 road bonds firm. SAN FRANCISCO. July 28. Sterling on Iondon. 60 days. Ji.So ; sterling on Lon don, sight. $4.85. Sliver bars 53 c. Mexican dollars 44c. Oraf ts Sight. .05; telegraph, .OS. CHICAGO. July 28. Exchange on New York, 10c premium bid. LONDON. July 28. Bar silver Steady. 24Sid ier ounce. Money 1 14 per cent. The rate- of discount in the open market for short bills is 17, per cent. The rate of discount in the open market for three months' bills is 2 per cent. Consols for money, 81 ; consols for ac count, bj. Eastern Mining Stocks. BOSTON, July 2S. Closing quotations: Allouez 35 iMohawk 44 Amalg. Copper.. 63 H 'Nevada Con. ..." 19 A. Z. L. & Sm.. 21 Nipissing Mines.. 10 Arizona Com. . . 14 'North Butte 23 Atlantic 6 !North Lake 8 B & C C & S M. 12-Old Dominion..-. 33B Butte Coalition. 175 jOsceoIa 117 Cal. & Arizona. SO IParrott (S. &'C.) 12 Cal. & Hecla. . .515B Quincy . 7 Centennial 15 iShannon 9 H Cop. Ran. C. Co. 01 Uisuperior 39 4 E. Butte Cp. M- 0 Sup & Bos Min.. 8 Franklin 1 ISup & Pitts Cop. 10 Glroux Con 6 Tamarack 5 Granby Con. ... 31HIU. S. CoaJ & Oil 34 Greene Cananea. 0,U. S- S. H. &M. I- Royale (Cop.) 16 ,! do preferred 46 Kerr Lake...... 74 lUtah Con 21 Lake Copper.... 33 14 I'tah Copper Co. 43 La Salle Copper 9 B Winona 5 Miami Copper... 18 (Wolverine 105 DEMAND FDR QUALITY BEST, STOCK COMMANDS TVlJj PRICES. Xot Much of This Sort Available at the Yards Yesterday Re ceipts Are Light. There were liberal receipts of sheep yes terday, but in other respects supplies were liht at the stockyards. There whs an ac tive demand and all the offerings were dis posed of in the forenoon. There was no material change in the con dition of the market. The call was strong est for quality stuff and that little of this was available is shown by the prices In the list of sales. Three bunches of sheep and one of lambs alone commanded full r,ri. all the other offerings being of lower grade. neceipis tor tne aay were 32 cattle, 2476 sheep. 16 hogs and 6 horses and mules. Shippers of stock were: X.. E. Edwards, of Drain, one car of cattle; w. C. Edwards, of Drain, one car of cattle; C, Taylor, of Halsey. two cars of sheep; C. B. Proctor, of Junction City. 3 cars of sheeo. cattle, oalves and hogs; B. F. Nichols, of Riddles, one car 01 cattie: jviuweii & Caswell, of Pendleton, 11 cars of cattle; A. B. Conrad, who drove in 18 sheep; William Shepherd, who drove in oOO sheep; Twohy Brothers, of Shnniko. one car of horses and mules; Frank Aldrldge. lj , v un., 4 cars or sneep. ana tne Toppeeiish Livestock Company, of Lyle, 2 cars of sheep. The day's sales were as follows; Wt. Price. 20 cows i , i2S $:,.so 1 cow 700 3.80 9 cows : 1O00 3.60 2 steer 1060 5.00 2 calves .., 2S5 1 calf 40 ,-mmi 1 bull 1250 3.56 1 bull 131H) 3.25 1 bull 1350 2.75 1 bull .....1210 3.50 21 sheep jj4 4.(M 60 sheep t2 4. 00 62 sheep o; 4.00 78 lambs 04 fl.oo 46 lambs , 75 5.70 14S lambs 72 5.85 16 hogs 245 10.00 Prices Quoted on the various classes of stock at the yards yesterday were as fol lows: Beef steers, good to choice'. 5.25 5.75 Beef steers, fair to medium.... 4.L'53$ 4.75 Cows and heifers, good to choice 4.25& 4.65 Cows and heifers, fair to medium 3.50 & 4.00 Bulls 3.00 00 3.75 Stags 2.50 4.50 Calves, light .i B.75 6.75 Calves, heavy 3.50 & 5.00 Hoge, top 10.0010.25 Hogs, fair to medium 8-60 6i 9.75 Sheep, best wethers S.75(fl) 4.00 Sheep, fair to good wethers.... 3.00 q) 3.50 Sheep, best ewes 3. 00 3.50 Lambs, choice B. 5 0 fti 6.00 Lambs, fair 4.75 5.25 Eastern Livestock Markets. CHICAGO, July 28. Cattle Receipts, esti mated, 5000; market, j1ov. Beeves, ?4.70 8.25: Texas steers, $3. SO1?? 5. 50: Western steers. $4.756.60; s-tockers and feeders, $4 6.25; cows and heifers, ?2.500.4u; calves, $6.5068-75. Host" Keceipts, estimatea. a8.000; market, slow to lc lower than yesterday's averae. Light. $8.55479.55;. mixed. 8.25(8.80; heavy, $7.91 8.70; rough. $7.90&S.20: good to choice neavy, .u; pigs, a.oou; bulk of salffi. J8.5oS8.7o. Sheep Receipts, estimated, 18.000; market, steady. Native, $2.7'i 4.50; Western. S2.ti0 4.50; yearlings. $4.505.75; lambs, " native, $4.50$7.50. Western. $4. 75 li 7.00. KANSAS CITY, July 28. Cattle Receints. 8000; market, weak. Native steers. f4-50iS; cows ana neuers, .;oicit.ai; mockers and feeders. 2.751i5.25; bulls. $34.5-'; calves. $4 ffi8; Western steers, $4.25$i7; Western cows. $2.755. Hogs Receipts. 8000; market. 10c lower. Bulk of sales, $8.408. 70; heavy, $8.30 8.40; packers and butchers. $S.40(&H t: Heht $3.6JS.75. sneep Receipts, oooo; market, steady. Mut tons, $3.5ng4.25; lamb?. $6.75&7.25; fed wethers and yearlings, $3.75&5; fed West em ewes, 34. OMAHA. July 28- Cattle Receipts; 2500; market, native? lower, rangers higher. Native steers. $4. 75(7.75: cows and heifers, $3 25 5.75: Western steers, $3.506; range cows and heifers. $2.754.65; cannery $2.50(j3.25; stock ers and feeders. $35.50; calves, $47- bulls stags, etc.. $3rf?5.25. Hogs Receipts, 8OO0; market. 10c to 15o lower. Heavy, $7.95'S8.3r; mixed. $8 IOStj 8 30; light. $S.35rg8.70 pigs, $7.508; bulk of tle?, $S.058.35. SheerJ Receipts, 4000; market, steady. Tear lings. $4.50(Ji 5.40; wethers. $3-505?4.25- ewes $CJfc3.75; lamba, $6.504j7.50. SAN FRANCISCO QUOTATION 5. Produce Prices Current In the Bay Clly Markets. SAN FRANCISCO, July 2S. The follow ing prices were current in the produce'mar ket today: Butter Fancy creamery, 31c; creamery seconds. 29c; fancy dairy, 2Sc. Cheese New, 13gl3V,c; Young America, lelSHc- Eggs Store, 30c; fancy ranch, 32c Poultry Roosters, old. $5 5.50; roosters, young. $7(10; broilers. small. $2.253; broilers, large, $3.25 g 3.50 ; fryers, $5 6 ; hens. $5 010; ducks, old. $4.50 Q 5; ducks, young, 6S. Vegetables Cucumbers, 2550c; garlic, 24tt3ic; green peas, 23fec; string beans l&3c; asparagus, nominal; tomatoes, 35c 65c; eggplant. 5075c Hops California, 10 15c Millstuffs Bran. $23 24 middlings, $23 Hay Wheat. $9014; wheat and oats. $ 13; alfalfa, $7 10; stock. $57;- straw. Fruit Apples, choice. 65c $1.25; apples, common. 35 50c; bananas, 75c$3; Mexi can limes. $5.50$ 6; California lemoi K, choice, S3.50 ; California lemons, common, $2. SO: oranges, navels, nominal ; pineapples $263. - . Receipts Flour. 6269 quarter sacks ; wheat, 1274 centals; barley, 4043 centals; oats, 369 7 centals: potatoes, 6068 sacks; bran. 335 sacks: middlings. 125 sacks; hsy 613 tons; wool, 252 bales; hides, 710. Dairy Produce In the at. CHICAGO. July 28. Butter Steady; cream eries 23jj27c; dairlea, 23&26c. Eggs Receipts. 9S88 cases: steady at mark, caes included. 1o& 14c; firsts. 15c. Cheese Steady; daisies. 15 32 15c; twln. 14a4S15c; Young Americas, 15V&l5Hc; long horns, lo c. NEW YORK. July 28. Butter Firm, un changed. C heese 3tea d y, un c han ged . F-pgs Irregular; state. Pennsylvania and nearby hennery white. 283? 33c ; do gathered -hite. 2547 kc ; Jo hennery brown, 25&2Tcv do gathered brown. 22$2l25c. Dulnth Klax Market. DOATH. July 28. Flax on tratk. $2.50; t arrive. $2.45 : J uly . SO bid ; tptfm brr. $2 45 bid; October. $2.32, bid; November, $2.32Va. nominal ; December, $2.25, $12S?000 Railway Exchange Building Co. First Mortgage 7 Gold Bonds Dated August 1, 1910. . Due Serially August 1, 1911, to August 1, 1917. Coupon Bonds in Denomination of $500. Principal and semi-annual interest, payable at the office of the Security Savings & Trust Company, Portland, Oregon, Trustee. This bond issue is secured by a deed of trust to the Security Savings & Trust Com pany, Portland, as Trustee, covering the Railway Exchange Building and leasehold, which provides for redemption of the bonds in installments, beginning at the end of the first year, at a sufficient premium to make the same yield 714 per cent per annum for the various maturities. The property consists of a modern six-story, class "A" reinforced concrete offiea building, haying 100 feet frontage on Third, 200 feet frontage on Stark, and 50 feet front age on Fourth street, in the heart of the financial and business section of Portland. The Railway Exchange Building, costing $225,000, is completely and substantially equipped and finished throughout, and ranks with the best office structures on the Coast. It is already largely rented to a very desirable class of business concerns, on a basis which insures a steady and profitable income. In view of the very large margin of security over and above the bond issue, and the location and earning capacity of the propeity, we recommend these bonds very strongly as an exceptionally choice and profitable investment. Having already reserved a substantial amount of the bonds, we offer the unsold bal ance at par and interest, yielding 7y2 per cent until maturity. Copy of the mortgage, statement of earnings and. other detailed information -will be furnished upon application at our office. MORRIS BROTHERS CHAMBER OF COMMERCE. '; BARLEY IS IN DEMANQ EXPORTERS SAID TO BE BUY ING IX THE COfXTRY. Wheat Weaker in the Seattle Market. Cantaloupes and Melons Are Iower. SEATTLE, Wash., July 28. (Special.) The local wheat market was unmistakably weaker today and dealers could not be in duced to offer above 9S cents for bluestem, although none could be purchased for less than fl. Much was made of what purport ed to be authentic reports from districts where harvesting is in progress, telling of yields In excess of estimates. On some ranches around Dayton the yields are break-, Ing records. Good report also came from tne Horse Heaven district. - Considerable barley buying is in progress in the interior and 1S.00O sacks were taken today at Dayton by exporters on the basis of ?T23.50 Seattle. Oats were firm at $33 :i4. With a heavier supply of cants to dispose of today, the price declined slightly, the range being: from $2.2.1 to $3.2o. Melons were also easier, selling from 1 to 1 cents. Four fresh carloads arrived. The lemon market is somewhat upset. More or less price-cutting has forced the price down to 7. with many varieties selling under that figure. Thompson's seedless grapes have declined to $1.2.j. Onions are inclined to drag, especially California and Texas stock. The dairy produce market appears to be in a bad rut. The demand is good, but lacks snap. Dealers are bidding up the price of butter fat. as high as cents being offered today. Poultry receipts in creased. Eptrs Mild at ri4(ffn." cents. I" HIGH GRADE MUNICIPAL AND IMPROVEMENT We hare several good issues on hand. Buy di rect from the contractor and save broker's mission! com- WARREN CONSTRUCTION CO. 317 Beck Bldg., Portland, Oregon. Phones: Main 9357, A 4613. TRAVEJLEBS' GUIDE. COLUMBIA RIVER SCENERY Fai; .Excursion Steamer iCHAS. R. SPENCER Leaves aa.jly xcept Wednesday, a a. tor Hood River and way landings and rB turn lavs Hood River. 2: p M.; axnvs Portland 8 p. M. SlNDiT EXCTJRSIOXS Leaves 0 A. M.; return.-. s:3o p. ML Flrst-chvss Meals Served.. Fare. One Dollsr Round Trip I'P'tovo Office. 69 5th St. Fbones Marshall 1979. A 1293. landing and Otti-x. Foot Wsablnius SC Phones Main S61B, a 24SS lowest Rates to Picnic Parties, B. W. SPENCER. OWNER. Lumber mens National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON Capital OFFICERS. G. K. Wentworth . . . John A. Keatins;. . . . Geo. Jj. McPberson.. H. 1). Story F. A. Freeman...... Graham Diikebart. . .Vloe . . .Vice Cashier . .Assistant Cashier . .Assistant Cashier First National Bank Capital $1,500,000 Surplus 750,000 Oldest National Bank West of tha Rocky Mountains Bank Notice Security Savings and Trust Company Corbett Building, Fifth and Morrison Streets Capital and Surplus $900,000 , Invites Accounts of Merchants, Individuals and Savings TRAVELERS' GUIDE. All Modern Safety Devices Vireles. Etc! LONDON PARIS HAMBURG Pres. Lincoln Aug;. lOifiPennsylvanla. Aug;. SI t Amerika .. . .Aug. 13;tKais. Ad. Vic Sept. 3 HGf Waldersee. Aug.lSvBluecher Sept. 7 Cincinnati. . .Aug. 20, Cleveland. . .Sppt. 10 Unexcelled Rlu-Caxlton a jl Carte Res taurant. New. irianinurg; direct. ITALY IA G1BRAXTAB. sAl'LKS and bENOA, S.S. HAMBURG Aocust . 9 A. M B.S. MOI.IKE Ane-Ukt S.S. UUIBI RO. . .September Z0 Hamburg-American I.in. 1M Powell bt-. nan Iranclsco. CaL and liocal R. R. A rents In Portland. SAX FRAJiCISCO PORTLAND 88. CO. New service to Los Anaeles. via San Fran .clseo. every rive days. From Ainaworth rock. Portland, P- A- M. SS. Beaver, A or- 1; Bear. 6: Rose C ltv. 1L From San Francisco. Northbound. 12 M. SS. Bear. July 31); Rose City. 4: Beaver. . From San Pedro. Northbound. Rose City. Auiut 3; Beaver. Ts Bear. 12. M. G. Smith. C. T. A.. 142 Third St. T. V. RaaMm, Ae-ent. Alneworth loelc Phones Main 102. 20S; A 1402. $500,000 DIRECTORS. fl. K. Wentwortb. Chas. 8. Russell .Pmldent - Freoident P. S. Brumby Dr. K. A. J. Mackenzie - President George G. BlnKham Lloyd J. Ventworth J. E. Wheeler Geo. I.. Mcpherson John A. Keatins: Robert Treat Piatt II. D. Story TRAVELERS' GLIDK. COOS BAY LINE 5-DAY SERVICE. Steamer Breakwater leaves Portland tl A M-, July 23, 23. Aug. 2, 7. 12. 17, 22. 2T and every five days, from Ains worth lock, for North Bend. Marshfleld and Coos Bay points. Fretg-ht received until a p. M.. dally. Passenger fare, first-class. $10; second-class. $7, Including berth and meals Inquire City Ticket Office, Third and Wash lngton streets, or Ainaworth Dock. Main 264. San Francisco and Los Angeles DIRECT :0!?hoPa,','0 a Co-' S. S. Roanoka and S. S. Elder sail every Wednesday alternately at P. M. Ticket oflc 12 Third at, near Alder. MARTI V J. HIGLEY, Paaaensjer Aaeat. W. H. SLlisSKK, F'relKht A seat. Phones M. 1314. A 131. Why Get Sestsick? Tonlque Mai de Mer will positively pre vent seasickness. I: you contemplate a tri by sea or rail, get a bottle at once from your druKsIst and follow directions. Promi nent Portland residents testlfv to its merits. PrW 50 cents, or sent postpaid by FP. ITINE REMEOr CO.. Sole Manufacturers. Portland, Or. phones maIa Siu;. A, iili. X n